Europe: two years for nothing
We publish the Editoriale by Umberto Sampieri appeared in “Normal” XIII June 2010, sadly up-to-date.
Read More(Italiano) SMART GRID: tra utopia e realtà, la situazione attuale delle reti intelligenti
Sorry, this entry is only available in Italiano.
Read MoreIncreasing Prices: is just a dream?
“Pricing right is the fastest and most effective way for managers to increase profits. Consider the average income statement of an S&P 1500 company: a price rise of 1 percent, if volumes remained stable, would generate an 8 percent increase in operating profits an impact nearly 50 percent greater than that of a 1 percent fall in variable costs such as materials and direct labour and more than three times greater than the impact of a 1 percent increase in volume (we know that the effect on the bottom line of OEE is even stronger). Unfortunately, the sword of pricing cuts both ways. A...
Read MoreRenewable Energies, Storage, EVs & Batteries
The adoption of Renewable Energies, including Photo Voltaic and Wind, is very much interconnected with and dependent on the development of Smart Grids, of Energy Storing and of Electrical Vehicles. Apparently 2001 marked a discontinuity in the EVs market both in Europe and US. In Europe the french PSA and Renault started to sell their EVs in thousand of units. The same are doing Mitsubishi and Nissan. In California EVs are sold in thousands of units and the State has announced investments of 120 million USD in infrastructure. “As you may have seen, California Governor Jerry Brown...
Read MorePosizionamento Strategico e Valore
Piaccia o non piaccia, oggi, il sistema più in voga di valutazione di un’impresa è dato dal metodo dei moltiplicatori. Ossia si assume che un’impresa valga quanto il suo MOL (Margine Operativo Lordo o EBITDA all’anglosassone) moltiplicato per un parametro (il moltiplicatore) che è funzione del Posizionamento Strategico dell’azienda (dimensione, posizione competitiva, segmento di appartenenza, Paese etc.) Enterprise Value = M x MOL Conseguentemente il Valore del suo Equity (ossia il valore di pertinenza dei soci) sarà dato da: Equity Value = V -Debito = M*MOL – Debito Ecco allora...
Read More